Previous close | 89.83 |
Open | 89.14 |
Bid | 89.13 x 83000 |
Ask | 89.22 x 160000 |
Day's range | 88.96 - 89.94 |
52-week range | 81.93 - 116.74 |
Volume | |
Avg. volume | 1,241 |
Market cap | N/A |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Higher freight costs and lower consumer buying power could hit retailers in the coming months.
Nike is laying off approximately 740 employees, while Lululemon is trimming a little over 128 jobs as it shutters a distribution center.
The "second phase of impacts" would begin by June 28 at its headquarters, Michele Adams, Nike's vice president for people solutions, said in a legally mandated notice to state authorities. Nike had in December announced a cost savings plan for $2 billion over the next three years, and in February said it would cut about 2% of its total workforce, or more than 1,600 roles. It had about 83,700 employees as of May 31, 2023.